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Swiggy, Axis Capital
Swiggy shares at Rs 640? 5 reasons why the stock is a 'Buy', Zomato comparison & more
Shares of Swiggy Ltd climbed 3 per cent in Monday's trade after a Business Today report suggested that a GST clarification on input tax credit for Electronic Commerce Operators (ECOs) such as Swiggy Ltd and Zomato Ltd are likely soon.
Axis Capital saw a 20% upside in Swiggy shares; The stock ended 12% higher on Monday
Axis Capital expects Swiggy's revenue to grow at a Compounded Annual Growth Rate (CAGR) of 38% over financial year 2024 - 2027 with food delivery and quick commerce growing at a 23% and 84% CAGR during the same period.
Swiggy shares hit all-time high as Axis Capital sees 20% upside; stock up 40% since listing
The analysts at the brokerage tagged a 'BUY' recommendation on the shares of the company, seeing a 20 percent upside potential.
4 reasons why Axis Capital backs Swiggy for Rs 640 stock price
Axis Capital initiated coverage on Swiggy with a ‘buy’ rating and a ₹640 target, indicating a 20% upside. The brokerage cites strong food delivery and quick commerce growth, a 38% projected revenue CAGR,
Swiggy share jumps 4% as Axis Capital initiates with 'Buy', sees 20% upside
The northward move in the Swiggy share price came after the domestic brokerage Axis Capital initiated coverage on Swiggy, with a 'Buy' rating and a target price of Rs 640 per share
MediaNama
18h
Earnings Call: Swiggy Bets on Bolt, Dark Stores to Drive Growth
Initially operational in six cities, earlier this month Swiggy announced the expansion of Bolt to 400 cities including Tier 2 ...
10h
Swiggy Stock Hits Record High After Axis Capital’s ‘Buy’ Call
Axis Capital's optimistic assessment of the massive food delivery and quick-commerce company propelled Swiggy's share price ...
19h
on MSN
Swiggy share price poised for 20% upside? Axis Capital initiates coverage on stock, highlights competitive position
Axis Capital views Swiggy as a strong investment opportunity, citing its growth in quick commerce and food delivery. The ...
MediaNama
14h
Swiggy Launches Live Events Vertical ‘Scenes’, Takes on Zomato’s ‘District’
Scenes' as a service is available within the Swiggy app alongside other offerings such as Instamart, Dineout, and Genie.
19h
Swiggy 'Scenes' launched for event ticket bookings: All you need to know
With the launch of Scenes, Swiggy is not just targeting food delivery but also positioning itself as a comprehensive ...
NewsX
17h
Swiggy Launches ‘Scenes’ For Event Ticket Booking, Details Here
Swiggy, one of India’s leading food delivery platforms, has launched a new service called ‘Scenes’ as part of its Dineout ...
english.mathrubhumi
16h
Swiggy workers go on strike; Online food delivery disrupted
Swiggy delivery workers in Kozhikode launched an indefinite strike, demanding better wages, incentives and working conditions ...
21h
Swiggy shares rise nearly 2% after Axis Capital initiates ‘buy’ rating
Swiggy shares jump 2 percent as Axis Capital sets Rs 640 target, highlighting growth in food delivery and quick commerce ...
15h
Bombay Shaving Company CEO's appeal to Swiggy, Zomato on processed food & lightning fast delivery
Shantanu Deshpande also touched on the addictive nature of cheap, fast food, pointing to the availability of affordable junk ...
1h
on MSN
Stocks in news: HDFC Bank, Swiggy, Vedanta, Zomato, Mindspace REIT, Religare Enterprises
GST Council, chaired by the federal finance minister, may lower the tax on food delivery charges by e-commerce operators to 5 ...
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